Do not sell your shares. This is when you will lose

I like to think I'm an expert at catching the proverbial falling knife. I've been trading the markets since high-school (40+ yrs) and I manage a small hedge fund. The thing i can tell you for 100% sure is no one knows where the bottom is. I'm waiting for it to appear but there are many forms.

My advise (if you've sold some and/or have extra $) is to make a list of your favorite stocks or ETFs and start to buy back in Monday. It may get cheaper but prices are already down. Many great stocks like META, APPL, and WMT are down 30-40%. This is a rare opportunity to get them super cheap. If you're very conservative I'd buy into the index ETFs, IWM, SPY and QQQ. Spread your money out all next week in case we keep dropping. I'm betting we hit new highs at worst case by this time next year. But unless you think we're heading into a depression this is the best time in the last 2 years to get things cheap.

My portfolio is ~20% larger today than it otherwise would have been due to buying and staying the course 2008-10.

Do not sell / lock in your losses. Bad move.

Long horizon.

Don’t tell me what to do.

If you didn’t get the hint a month ago, don’t sell now, that’s for sure.

We were told so clearly by Warren Buffet, Donald Trump and quite frankly, ‘almost everyone’ that this was going to happen. Growing through all of this, I almost feel guilty of ‘insider trading’.

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Obviously anyone could have predicted the second the trade imbalance tariffs were introduced

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Yeah lol i woulda loaded up on Puts if i wouldve known they were gonn throw out 30%+ tariffs willy nilly

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Your shares are worth what they are worth no matter when u sell or buy. Of course selling now and not reinvesting the funds is a bad idea, but selling off something and buying something else doesnt mean you are losing any more than keeping what you already have (outside of short term gains taxes)

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Unless you are actively day trading, which isn’t the point of the OP’s post, then I can guarantee the cost basis of those shares is still lower than the current market level. So, even selling and reinvesting right now is dumb, you just caused yourself to raise your cost basis for no reason.

That’s not to say there is never a reason to sell something you’ve held for a long time, it may just be a dud, but there isn’t a reason to sell of your position just because the market goes down.

Procured $20k this week just trying to decide if I dump it all in QQQM or VTI or split it between the two next week.

The most ideal situation is one where you have some cash to buy equities as this could be one of the most opportune times to be getting into quality growth companies at a discount.

If you are fully invested, without cash, it’s not a good idea to sell with the only exception being tax strategy where you can sell some for loss for tax reasons.

Unless you sold them on Wednesday
If you sold Wednesday you're looking like a genius